Business & Finance Careers & Employment

The Average Salary of Consultants

    Salary Ranges

    • Salary ranges for consultants are as expansive as the jobs and depend on many factors, such as field, industry, education, years of experience, region and nature of the work involved. On the lower end of the salary range are human resources specialists at about $35,000 per year and on the high end are professional services consultants at more than $300,000 per year.

    Compensation Strategists

    • Some larger corporations hire compensation consultants to determine what should be the amount of salary, wages, benefits and other company perks, particularly for top-level CEOs and above-average executives. They design comp and perk programs suited for executives on the six-figure and above level. Typically, compensation consultants must have a minimum of one year of experience and are paid between $53,000 and $87,000 annually.

    Business Process Consultants

    • Business process consultants are research and analysis professionals who conduct organizational studies and evaluations in order to simplify and streamline inter-office systems and procedures. They also prepare or assist in the process of operations and procedures manuals. The average salary for a business process consultant is from $64, 000 to $95,000 with 5-10 years of experience.

    Information Services Consultant

    • According to Salary Wizard, the expected salary for an information services consultant is a little more than $99,000 annually. Information services consultants can work as risk consultants, in procurement, as financial and sales consultants, as business analysts and as green building consultants and systems engineers.

    Companies that Hire Consultants

    • Since all of the different job titles and salary ranges under consultant cannot be covered here (see Resources below), this section will list the names of some of the companies that hire consultants at 'above-average' salary ranges (above-average meaning at least $60,000 annual in wages and salaries, not including bonuses or other perks). They are The Boston Consulting Group, International Business Machines (IBM), Experio Solutions, Deloitte Consulting, Covansys, GE Medical Systems, Vitria, Quest Software, Microstrategy and many more. The salary ranges of consultants for these companies tend to fall between $65,000-$85,000 per year.

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